Loading ...Timely post for me. I am sitting on cash that I have wanted to use to buy CEF. Have been looking for entry point last week and this. Normally would be very happy about recent action, but it doesn’t help current dilemma. Would generally expect smackdown before meeting; what about day after, or rest of week? So much going on; so many variables. Feels risky no matter what. Any thoughts?
Smack down for tomorrow or maybe even today
HUI red and PM’s up. Nuff said. Yellen Fed on Wednesday,. More than enuf said.
Puerto Rico Bonds Jump As Supreme Court Strikes Down Debt Restructuring: Only Congress Can Bail Them Out Now
Puerto Rico’s attempt at passing a law that would enable the US territory to restructure debts has been struck down by the US Supreme court.
Excluded from being able to use Chapter 9, Puerto Rico passed the Recovery Act in 2014 which would allow the territory to put public entities into bankruptcy, thus forcing haircuts to creditors such as Franklin Advisors and OppenheimerFunds. However in a very definitive 5-2 ruling handed down this morning from the US Supreme Court, the law was struck down, providing at least temporary relief for bondholders.
the solution for mass shootings…
let’s make guns illegal. after all, that worked so well with heroin. …cocaine?
Ororeef @ 11:16 re Gun Control
I think it’s time to be happy. More states than ever about 42? Issue carry permits now. The more attacks we get the more the people LEARN, that gun control does not work. Plus, stupid people were the dominate force for decades. And everything is screwed up and stupidity getting found out.
John Lenin’s and Yoko Ono’s power and stupidity, the dreamers, got their way and failed.
The FBI Head should be Jailed
He either co-operated with the Shooters by giving Gun Permits ,activly created another “Fast & Furious” event possibly enabled them.. in order to get GUN CONTROL . Possibly got orders from the Administration to co-operate about a secret plot in order to DUPE them into becoming co -conspirators ..after which they cant admit they were DUPED.
They were either too Stupid or too envolved and now in on the Cover UP …How can one Gun Man kill so many in a Gun Controlled location .In Florida any location where liquor only is sold is a Gun Controlled place. Where was the Security at the front door to a CLUB that Hosts 300 ….How do you get a RIFLE in there? an AR ? The perfect set =up for a Staged event and the FBI wasent in on it ? REALLY ?When its all said and done the Obama Administration will erect a Toombstone in that location to those that gave their lives in the service of “Gun Control” …Obama sacrificed his own supporters to get to the Greater Good…..What a Sicko ! He will eat his young if necessary ! He cant be that Stupid ,neither can the FBI be ….Both have a lot to account for ! Sacriface the GAY GUYS and blame the Muslims to get Gun Control ! TOO cruel by HALF !
No Sacrifice is too Great
to get Gun Control …The Democrats are willing to lose some their GAY supporters and some of their Muslim supporters lives to get Gun Control .That would ensure Hillarys Coronation ! Think about after Gun Control …Hillary gets Gun Control,theres not need for further elections .What is the Public going to do about it? They have NO Guns,the election process is rigged with “Super Delegates” your vote is not needed for anything anymore not even Democrat votes!.Any elections you demand are Rigged with Super Delegates ..it becomes a permenant Democrat Party Coronation ,democrat voters have been neutralized by Super Delegates,Republicans have no GUNS …The Democrat Party hosts a Coronation forever until the Next Revolution with Pitch Forks ,Bows & Arrows ….Molotov CockTails…Remember them ?You youngsters have a lot to Learn ..Your blood will spill before you get Freedom and Constitutional Government again !Especially you Young Democrats!
OUCH! for the dollar
It’s Official: China Confirms It Has Begun Liquidating T-Bonds
On Tuesday evening, we asked what would happen if emerging markets joined China in dumping US Treasurys. For months we’ve documented the PBoC’s liquidation of its vast stack of US paper. Back in July for instance, we noted that China had dumped a record $143 billion in US Treasurys in three months via Belgium, leaving Goldman speechless for once.
We followed all of this up this week by noting that thanks to the new FX regime (which, in theory anyway, should have required less intervention), China has likely sold somewhere on the order of $100 billion in US Treasurys in the past two weeks alone in open FX ops to steady the yuan. Put simply, as part of China’s devaluation and subsequent attempts to contain said devaluation, China has been purging an epic amount of Treasurys.
But even as the cat was out of the bag for readers and even as, to mix colorful escape metaphors, the genie has been out of the bottle since mid-August for China which, thanks to a steadfast refusal to just float the yuan and be done with it, will have to continue selling USTs by the hundreds of billions, the world at large was slow to wake up to what China’s FX interventions actually implied until Wednesday when two things happened: i) Bloomberg, citing fixed income desks in New York, noted “substantial selling pressure” in long-term USTs emanating from somebody in the “Far East”, and ii) Bill Gross asked, in a tweet, if China was selling Treasurys.
Sure enough, on Thursday we got confirmation of what we’ve been detailing exhaustively for months. Here’s Bloomberg:
What changes
SM opens and goes straight up and PM shares straight down….nothing happened o/n and ssssshhhhhhhh never say muzzie.
As Buygold said….Hellary and Obummer may as well be working for the Donald, they are so inept.
Paul Singer Joins Icahn, Soros; Warns “It’s A Very Dangerous Time To Be In The Market”, Buys Gold
Over the past month, between Stan Druckenmiller, Carl Icahn and most recently George Soros, it has become positively cool to be a billionaire who has turned their back on the rigged market, and has decided to either get out of stocks or go outright net short (Soros and Icahn), while concurrently buying gold. Over the weekend, yet another billionaire made waves, when Paul Singer told Institutional Investor in an interview that not only has the Fed’s “monetary extremism” hindered economic expansion, blasting monetary policy as adding to not only the world’s debt but its social problems (including lack of wage growth), warns that “at the moment we’re either in a stage of stagnation or rollover, possibly in the early stages of a global recession”, predicts that “it’s a very dangerous time in the financial markets” and concludes that “we’re very bullish on gold, which is the anti–paper money, of course, and is underowned by investors around the world.”
Good morning Oasis
Aquila provides Back Forty permit status update
http://finance.yahoo.com/news/aquila-provides-back-forty-permit-100000981.html
Rugby Mining Limited Announces Update on Recently Acquired Colombian Gold Assets
http://finance.yahoo.com/news/rugby-mining-limited-announces-recently-103000385.html
Avino reports new power line energized and final permits received for new tailings storage facility
http://finance.yahoo.com/news/avino-reports-power-line-energized-110000684.html
Argonaut Gold Acquires Land, Submits Permit Application and Files the Technical Report for its San Agustin Project
http://finance.yahoo.com/news/argonaut-gold-acquires-land-submits-110000499.html
Orezone Bombore Project Reaches Another Permitting Milestone
http://finance.yahoo.com/news/orezone-bombore-project-reaches-another-110000433.html
Cordoba Minerals and HPX Initiate Phase Two of their Joint Venture at the San Matias Copper-Gold Project in Colombia
http://finance.yahoo.com/news/cordoba-minerals-hpx-initiate-phase-110000876.html
Oban Provides New Resource Estimate for Marban Project
http://finance.yahoo.com/news/oban-provides-estimate-marban-project-123000381.html
Kinross Announces End of Strike at Tasiast Mine
http://finance.yahoo.com/news/kinross-announces-end-strike-tasiast-130000560.html
Agnico Eagle Completes the First Anniversary $US 2 Million Payment to Orex as per the Agreement on the Barsele Project in Sweden
http://finance.yahoo.com/news/agnico-eagle-completes-first-anniversary-130000325.html
Columbus Provides Update and Summary of Work to Date on Eastside Gold Project, Nevada
http://finance.yahoo.com/news/columbus-provides-summary-date-eastside-130000558.html
LA caught another potential Attack
On gays in the LA gay pride. Heavy weapons and bomb making chemicals.
Canadian ISIS says mobilizing in NY planning next Attack, Will make slaves out of your children, good luck with kids these days.
Kidding aside
Silver Train
Market is open, and they have already tried to spike silver down. We’ve got a trestle for crossing these ravines. The eastbound ‘Empire Builder’ crosses Two Medicine creek at Glacier, MT. It’s springtime in the Rockies.
http://www.railpictures.net/photo/579748/
Inbreeding ?
Next thing ya know the JEWS will be importing Muslims for the same reason ..Stands to reason ….they are more inbred than the Germans ! hehehehe if you believe that I got a bridge to sell ya …
Immigration to save Europe from ‘degenerating into inbreeding’ – German finance minister
Hi gang,
This a classic from German finance minister, just wonder if the rest of German population , particularly females agree with his comment !!
Closing Europe’s borders to migrants would drive the continent to “inbreeding and degeneration,” the German finance minister has told local media, arguing that in his own country Muslims have enriched its “openness and diversity.”
Immigration from neighboring Middle Eastern and North African countries would make Europe more solid, otherwise its population would have been left with no choice other than to fornicate with each another, German Finance Minister Wolfgang Schaeuble claimed in an interview with Die Zeit.
Full article: https://www.rt.com/news/346284-germany-migration-policy-incest/
I think Hitler is scratching to get out of his coffin , LOL
GT
A Registered DEMOCRAT
and duped , used ,sacrificed to get Gun Control !
Pretend you love Muslims ,bring them here ,give then Guns and then do whatever you can that affronts their Religion !
THEY PROFILED HIM ,He was a perfect PATSY …
Then claim we need “GUN CONTROL”…SICKOCRATS…A very SICK form of FALSE FLAG ! by surrogate Muslims …
This type of False FLAG operation goes on in the MID EAST all the time! ! NOW its HERE !
How is that any different
from giving a black man a gun and then calling him a “NI–er”in front of his Family …..Then the FBI and Administration would say say see….we need Gun Control !